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Stock analysis Damodar Indust. DAMODARIND

More indepth analysis on MunafaSutra.com

Moving Averages for Damodar Indust.

  • 5Day Average: 31.39
  • 12Day Average: 31.49
  • 20Day Average: 31.01
  • 50Day Average: 33.01
  • 100Day Average: 37.55
  • 150Day Average: 39.86
  • 200Day Average: 42.29

DAMODARIND Indicators & signals

Indicator MACD (12,26,9)

31.49, 31.76, -0.55
Indicator MACD is in negative zone

Indicator ADX (14)

10.34, 23.65, 19.21
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAMODARIND Damodar Indust. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Wed Apr 2025 32.07 31.90 to 32.68 0.56% 0.19 times
15 Tue Apr 2025 31.89 31.60 to 32.89 2.02% 0.45 times
11 Fri Apr 2025 31.26 31.01 to 32.00 0.42% 0.7 times
09 Wed Apr 2025 31.13 30.60 to 31.24 1.8% 0.34 times
08 Tue Apr 2025 30.58 30.00 to 33.05 -1.51% 1.49 times
07 Mon Apr 2025 31.05 30.10 to 32.70 -6.73% 0.51 times
04 Fri Apr 2025 33.29 33.00 to 36.00 -1.25% 1.86 times
03 Thu Apr 2025 33.71 31.12 to 33.98 7.67% 1.72 times
02 Wed Apr 2025 31.31 31.18 to 32.40 -0.7% 0.45 times
01 Tue Apr 2025 31.53 30.21 to 32.00 3.68% 0.44 times
28 Fri Mar 2025 30.41 30.01 to 33.00 2.67% 2.05 times
27 Thu Mar 2025 29.62 28.80 to 30.99 2.53% 1.85 times

Technical analysis forecast of Damodar Indust. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Damodar Indust. DAMODARIND at this time. Stock is rising and might rise more.

It appears as if Damodar Indust. DAMODARIND gave a large move recently.

Stock of Damodar Indust. (DAMODARIND) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Damodar Indust. is bullish for shortterm, and stock might move up till 32.8 or till 34.2. Use a stoploss of 31.54 and if this stock hits its stoploss, then it can fall down till 30.33

More indepth analysis on MunafaSutra.com